Testing Significance of Contributions in Growth Accounting, with Application to Testing ICT Impact on Labor Productivity of Developed Countries

Valentin Zelenyuk

International Journal of Business and Economics, 2014, vol. 13, issue 2, 115-126

Abstract: In this work we develop a framework for statistical testing of significance of contributions to changes in economic growth rates (and productivity changes) in the Solow¡¦s growth accounting framework, which is the main contribution of the paper. We then also illustrate the developed methodology for testing significance of the impact of information and communication technologies capital on the labor productivity distribution of developed countries in 1980¡V1995.

Keywords: growth and productivity; developed countries; ICT impact (search for similar items in EconPapers)
JEL-codes: O31 O47 O52 P27 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ijb:journl:v:13:y:2014:i:2:p:115-126

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